Bankrupt · Opening faillissement (CBE)

Q & W Services

BE0759401419

Rechtspersoon Private limited company 1 establishment

Q & W Services is a removals company in Hasselt. Private Limited, started on 3 December 2020, 1 establishment.

Diestersteenweg 300, 3510 Hasselt

Start date

3 December 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 42 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Q & W Services from Hasselt, company number BE0759401419, closed financial year 2022 with a result of € -49,175 after tax. For that financial year Q & W Services recorded a gross margin of € 140,033 and equity of € -2,799. Compared with financial year 2021, the result moved from € 16,376 to € -49,175. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 11, 2023.

What it is worth Caution

€ -2,799

▼ € 49,175 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -49,175

▼ still € 16,376 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 49,189

▲ 215% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -32,799.

People and assets in 2022

Wage cost

€ 153,355

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 72,148

▲ 10% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 2 years to go

€ 38,552

▲ 50% vs 2021

€ 19,898 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 44,227

▲ € 41,648 vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 7,980

▼ 50% vs 2021

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 33,284 € 140,033 ▲ € 106,749
Profit after taxes € 16,376 € -49,175 ▼ € 65,551
Equity € 46,376 € -2,799 ▼ € 49,175
Total debts € 112,542 € 141,057 ▲ 25%
Cash € 15,613 € 49,189 ▲ 215%
Retained profit € 16,376 € -32,799 ▼ € 49,175
Bank debt € 25,654 € 38,552 ▲ 50%
Balance sheet total € 158,918 € 138,257 ▼ 13%

Key figures of Q & W Services, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Q & W Services?

What happened at Q & W Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Q & W Services is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 49,175 (▼ € 65,551 vs 2021). filed late Source: NBB ↗
  • New establishment in Hasselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 16,376 profit in 2021 to € 49,175 loss in 2022.

Paid € 5,042 in corporate taxes since 2021.

Best year ever: 2021, with € 16,376 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Diestersteenweg 300

3510 Hasselt

2.310.635.812

Meistraat 9

3510 Hasselt

Active since 3 December 2020

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0759.401.419
VAT number
BE 0759.401.419
Registered office
Diestersteenweg 300, 3510 Hasselt
Names & denominations
Q & W Services
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
3 December 2020
Peppol
Not registered
Activities · NACE

Verhuisactiviteiten

Algemene bouw van residentiële gebouwen

Algemene elektrotechnische installatiewerken

Frequently asked questions

What does Q & W Services do?
Q & W Services is a removals company in Hasselt. Private Limited, started on 3 December 2020, 1 establishment.
What is the address of Q & W Services?
The registered office of Q & W Services is located at Diestersteenweg 300, 3510 Hasselt.
Is Q & W Services still active?
No. The CBE lists Q & W Services with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Q & W Services registered on Peppol?
No, Q & W Services is currently not registered on the Peppol network.
What is the enterprise number of Q & W Services?
The enterprise number of Q & W Services is BE0759401419.
When was Q & W Services founded?
Q & W Services was founded on 3 December 2020.